Tech Mahindra stock stands at INR 1,514.10, 18.3 percent below its high
Published on 10/09/2026 at 16:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Tech Mahindra stock was last at INR 1,514.10 on October 9, 2026, up 1.2 percent on NSE.
- The price stood 18.3 percent below its INR 1,854.00 52-week high.
- First-quarter fiscal 2027 revenue reached INR 157.12 billion, while EBIT was INR 22.64 billion.
- Tech Mahindra traded at a P/E ratio of 26.2, versus 13.8 for Infosys and 12.9 for Wipro.
- The next results and board meeting are scheduled for October 15, 2026.
Tech Mahindra stock (ISIN INE669C01036) was last at INR 1,514.10 on NSE on October 9, 2026 at 3:15 p.m. IST, up 1.2 percent. The price stood 18.3 percent below its 52-week high of INR 1,854.00, putting the session move in the context of a wider trading range.
Price stays below yearly high
The NSE quote places Tech Mahindra at INR 1,514.10 against a 52-week low of INR 1,304.10 and a high of INR 1,854.00, both dated October 8, 2026. The distance to the high is 18.3 percent, while the price is 16.1 percent above the low, calculated in Indian rupees.
Trading volume reached 2,021,508 shares against an average of 2,403,047 shares in the finance quote dated October 9, 2026. The session volume was therefore 15.9 percent below its average, while the share price gained 1.2 percent.
Quarterly figures set the base
Tech Mahindra reported INR 157.12 billion of revenue and INR 22.64 billion of EBIT for the first quarter of fiscal 2027 ended June 30, 2026. Revenue and EBIT provide the operating base for the next market test, with EBIT equal to 14.4 percent of revenue.
The same first-quarter figures included net income of INR 14.65 billion. The company also listed NSE and BSE as its exchanges, with TECHM as its NSE symbol, while the NSE classified the business under Computers - Software and Consulting and included it in the NIFTY 50.
Comparison with peers
Tech Mahindra: plus 1.2 percent, P/E 26.2, market capitalization INR 1.5 trillion
Infosys (NSE, INR): plus 2.7 percent, P/E 13.8, market capitalization INR 4.1 trillion
Wipro (NSE, INR): plus 2.7 percent, P/E 12.9, market capitalization INR 1.6 trillion
Tech Mahindra's P/E of 26.2 was 89.4 percent above Infosys at 13.8 and 103.1 percent above Wipro at 12.9 on October 9, 2026. That valuation spread is the clearest market distinction in the peer block, while Tech Mahindra's market capitalization remained below both Infosys and Wipro.
Next results date is October 15
According to NSE India, Tech Mahindra's next financial-results and board meeting date is October 15, 2026. The listed agenda covers the second-quarter results and other financial matters, giving the market a defined date for the next operating update.
BusinessToday reported on October 7, 2026 that PL Capital assigned Tech Mahindra a target of INR 1,900 and YES Securities assigned a target of INR 1,960. The lower target lies 25.5 percent above the October 9 price, while the higher target lies 29.4 percent above it, based on the same INR price basis.
Market report and stock details
Tech Mahindra stock facts
- Company: Tech Mahindra Limited
- ISIN: INE669C01036
- Ticker: TECHM
- Primary exchange: NSE
- Price NSE: INR 1,514.10 as of October 9, 2026 at 3:15 p.m. IST
- Change: plus 1.2 percent
- Market capitalization: INR 1.5 trillion as of October 9, 2026
- 52-week range: INR 1,304.10-INR 1,854.00 as of October 8, 2026
- Sector / Industry: Information technology / Computers - Software and Consulting
- Index membership: NIFTY 50
- Next earnings date: October 15, 2026
Market context: Market report BSE Sensex.
